Investors! Take note of this money maker to add to your portfolio. At a 7.9% cap rate, this one makes sense. There is one parcel being sold and on that parcel you have a SFR home with 3 bedrooms, 1 bath, and a full basement. This home is currently rented… Read More for $850. Then, you have an adjacent duplex which recently became occupied with rent on the lower unit of $625 and the upper unit brings in $575. The lower unit has 1 bedroom, enclosed porch, and access to the full basement with laundry hookups. The upper unit has 2 bedrooms but does not have a laundry option. There is also an attached storefront (approx. 1,500 sq.ft.) which would make a great office space/storage unit and features 2 floors, half bath, and a garage door on one side for storing larger items. In the past, this was used as an office on the second floor and storage on the first floor. All of the hard work is done as the current owner recently rented all 3 units and they are all M2M. The annual income does not include the storefront which makes the investment even more appealing. The tenants pay all utilities. Owner takes care of the lawn, taxes, insurance, and any repairs. Across the street from the SFR, there is ample parking. The SFR has its own parking and there is more on the north side of the storefront if needed. What a great opportunity! Read Less
Courtesy of EXP Realty, LLC. and Amy Wengerd
Listing Snapshot
Days Online
13
Last Updated
Property Type
SingleFamilyResidence
Beds
6
Full Baths
3
Partial Baths
1
Lot Size
0.07 Acres
Year Built
1920
MLS Number
5144275
Additional Details
Basement
Full, Unfinished
Building
Built in 1920, Architectural style: Colonial, Multiplex, Other, Construction materials: WoodSiding, Levels: Two, Living area units: SquareFeet, 2, 2 total stories
Fireplaces
2 total fireplaces
Heating
ForcedAir, Gas
Laundry
InBasement, None
Lot
0.0746 acres, CornerLot
Parking
AdditionalParking, AlleyAccess, OffStreet
Roof
Asphalt, Fiberglass
Sewer
PublicSewer
Taxes
Year: 2024
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